USDCAD short (Don't get trapped on USDCAD, EXPLAINED, STOP HUNT)

Hello Traders !

USDCAD is right now at a daily Supply Zone. Also we can see another level of Supply. The question right now is which one will be the order block who will bring the price back down.
It would not surprise me if the price will make a liquidity push to the upside. We need to keep in mind that a lot of retail trader would take shorts now. The banks will see this liquidity in the market and will do Stop Hunting with all the retail traders. So keep that in mind. Of course you could take shorts now. But I would consider to wait for the valid retest and to watch price action in order to give you the confirmation.

Target:
The target would be the Demand Zone.

Thank you and we will see next time
- Darius.